Business

How Your Small Business Can Take Advantage of Federal and State R&D Tax Credits

R&D tax credit

How Your Small Business Can Take Advantage of Federal and State R&D Tax Credits

Every year millions of dollars go unclaimed by businesses that think they can’t take advantage of R&D tax benefits. So if you think research and development (R&D) tax credits are only for large corporations or big scientific breakthroughs, you could be missing out on some huge tax breaks for your own business. Qualifying for an…

How to Create Multiple Streams of Income Without Diversifying (or Is It Di-worsifying?)

How to Create Multiple Streams of Income Without Diversifying (or Is It Di-worsifying?)

How to Create Multiple Streams of Income Without Diversifying (or Is It Di-worsifying?)

Tom Corley, in his book Rich Habits, shared the results of a 5-year study comparing 233 wealthy individuals to 128 lower-earning individuals. He found that: 65% of self-made millionaires had three streams of income 45% had four streams of income And 29% had five or more streams of income Clearly, multiple income streams are a…

The #1 Danger For Your Small Business — And How to Turn It Into Your Greatest Opportunity

#1 business threat is also best opportunity

The #1 Danger For Your Small Business — And How to Turn It Into Your Greatest Opportunity

According to a recent US Bank study, 82% of small business failures occur because of cash flow problems. And the biggest danger is that cash flow issues can crop up extremely fast and destroy an otherwise thriving business in a matter of months. Imagine some kind of disaster for which you can’t get (or don’t…